Recent EURUSD lift looks paced enough to mount pressure on an important 1.4580 ref… The unit is also on a losing streak against the yen and USDJPY could sink into the 76s… The aussie is steaming hot and AUDUSD, already trading at fresh post-float highs, could try 1.11, but there are some worring signs in the offing with poor volumes and positioning/stretches… EURSEK could test the +9.04 support today with USDSEK threatening to blow the 6.2260 support… EURNOK is less interesting while USDTRY should extend the CORRECTION lower… The upmove in Bunds is not overly convincing while US tens looks better positioned to try overhead resistance… SP500 was refused a lift and 1317\1340 must be watched… Brent Crude must break $116.25\119.45 to show a tilt whlie Zinc could extend gains to try the yearly highs…
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Tech team
Skandinaviska Enskilda Banken AB